Cyprium celebrates International Women’s Day with a powerful message from Beth Haas, Partner, addressing the importance of women in private equity and investment banking.
Insights
Women in Private Equity with
Cindy Babitt
We are excited to launch our Private Equity video series celebrating International Women’s Day 2023 with Cindy Babitt, Partner, as she discusses the significant role that women play in the financial industry.
Acquisition Financing:
A primer on capital sources and structural considerations
Although risky and oftentimes complicated, the benefits of an acquisition can be significant. Rarely do middle-market companies have excess cash available to fund an acquisition. Financing the acquisition may be top of mind long before a transaction occurs; yet, many companies select to put this step on hold until…
Selection Bias – All Capital Is Not Created Equal
Cyprium Capital Markets Perspectives By John Sinnenberg, Chairman, Cyprium Partners My colleagues and I came together seventeen years ago to form the core investment team of Cyprium Investment Partners. Our guiding investment philosophy since our founding has been to make long-term, illiquid, non-controlling investments directly alongside entrepreneurs and families to facilitate the continued growth of…
The Minority Recapitalization: Maximizing shareholder value while retaining economic control
A Minority Recapitalization (Recap) is a viable liquidity alternative for company owners. However, Cyprium has frequently observed that business owners lack the market awareness that would enable them to develop an appreciation for the prospective benefits of a Minority Recap option. Just as important, many issuers are oftentimes unaware of the flexibility that junior capital…
Mezzanine debt takes center stage for small business
By Deborah L. Cohen October 14, 2008 CHICAGO (Reuters) – In the middle of the credit crisis, privately held dairy product maker Kan–Pak needed $15 million in capital, and quickly. Higher energy and commodity prices had prompted its food–service customers, which include Burger King and Chick–fil–A, to demand more of the company’s shelf–stable products. The…
Fundless Sponsors: What They Can Bring to Middle Market Transactions
No Firm Commitment By Phil Curatilo and Beth Haas November 19, 2007 A tightening credit market and ever–increasing deal competition is driving private equity firms to secure investment opportunities from alternative sources. In this environment, fundless sponsors have emerged as another option for middle–market, committed capital funds. Fundless sponsors (aka independent sponsors) are groups with…
The Evolution of Second Lien Lending and Its Impact on Mezzanine Capital
Will 2007 Be the Year of Mezzanine Financing? Second lien loans have enjoyed surging popularity in recent years, while more traditional mezzanine structures have been sidelined. Could rising interest rates and a cooling economy signal an upcoming resurgence for mezzanine financing? By Cindy Babitt and Beth Laschinger March 1, 2007 The Evolution of Second Lien…
Self-Control
The Deal September 18, 2006 Tough decisions loom in the distance for entrepreneurs aged 50 and older. As retirement nears, the pressures of maintaining their businesses and planning for their future increase, and questions of “what next?” abound. Characteristic of baby boomers, this generation is hesitant to relinquish control of the companies they’ve spent years…